SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Seagate Technology -- Ignore unavailable to you. Want to Upgrade?


To: chichi who wrote (6906)2/21/1999 11:31:00 PM
From: William Epstein  Respond to of 7841
 
chichi;

Perhaps, your right.
PHOTOMAN



To: chichi who wrote (6906)2/22/1999 10:00:00 AM
From: William Epstein  Read Replies (1) | Respond to of 7841
 
chichi;

I am a subscriber to Zacks Investment Research. Pursuant to our conversation last night I have asked their analyst 3 questions.
1. Is the any significant arbitrage in SEG? (i.e. hedge funds)
2. Why is there a 4.9 million share short overhang when all reports are positive?
3. What is the reason for the severe downtrend in this stock, currently. (minus 30% from it January high of 44 1/2)?
By the way, they have improved their own rating for SEG this week. Good news. I consider their research to be generally reliable.
"It is a bad idea to to believe a proposition when the is no ground whatsoever, for supposing it to be true." Bertrand Russell
PHOTOMAN



To: chichi who wrote (6906)2/22/1999 3:51:00 PM
From: William Epstein  Read Replies (1) | Respond to of 7841
 
To All;

I posted this on the other thread earlier today. My TA indicates that last Wed. the stock probably made its bottom. SEG is resuming its uptrend. For those that are interested this is a good time to buy. YOU'LL BE VERY PLEASED IN APRIL. If the stock is in an uptrend it won't stay at this level for too long.

TA: Looking at Big charts.com
Looking at a 10 year weekly chart, using the 3 line SMA set at 60 days, the stock went through the 120 day SMA line but just pierced the 180 day SMA. When the stock is in a long term uptrend it never goes below this line. It bottoms when it touches that line. The 180 day SMA line is just above 30. This is a strong indicator with history behind it.
PHOTOMAN